Title :
Aumann-Shapley transmission congestion pricing
Author :
Bakirtzis, Anastasios G.
Author_Institution :
Dept. of Electr. & Comput. Eng., Aristotelian Univ. of Thessaloniki, Greece
fDate :
3/1/2001 12:00:00 AM
Abstract :
This paper describes a methodology for congestion cost allocation based on marginal costs and game-theoretic principles (Aumann-Shapley pricing). The methodology provides fair, economically efficient prices and ensures that the revenue collected from the transmission users will be equal to the cost of relieving the congestion
Keywords :
costing; game theory; power transmission economics; tariffs; transmission network calculations; Aumann-Shapley transmission congestion pricing; congestion cost allocation; congestion relief cost; economically-efficient pricing; game-theoretic principles; marginal costs; revenue collection; Capacitance; Coils; Costs; Current measurement; Electrical resistance measurement; Grounding; Inductance; Pricing; Protection; Resonant frequency;
Journal_Title :
Power Engineering Review, IEEE
